BANCARROTA AFECTA A MI ESPOSA?
Cuando una persona decide declararse en bancarrota, es natural preocuparse por cómo afectará esta decisión a su pareja. La bancarrota no solo incide en nuestras cuentas bancarias y capacidad para manejar gastos médicos, sino que también puede influir en compromisos financieros compartidos como una hipotéca conjunta sobre una propiedad. Nos preocupa cómo ese saldo pendiente […]
KEEP READING . . .The (Surprisingly Common) Top Causes of Bankruptcy
In the post-COVID years, news reports flood our feeds describing an alarming rise in consumer debt and defaults in credit. There are about 33,100 average monthly searches on Google for the term debt relief. This means that people are facing a financial problem, and highlights the need to better understand the reasons driving individuals and […]
KEEP READING . . .Discovering the Differences Between Chapter 7 v Chapter 13 Bankruptcy
Bankruptcy is a legal remedy designed to provide debt relief to individuals or businesses who are unable to repay their outstanding debts. The goal of both Chapter 7 and Chapter 13 bankruptcy is to give the debtor a financial fresh start. How each chapter gets the debtor there, however, is different. It’s important to what’s […]
KEEP READING . . .Figuring Out the Best Bankruptcy for Credit Card Debt
In many conversations I’ve had with people wanting to know more about filing chapter 7 or chapter 13, it really requires taking a step back, figuring out what’s going on, and thinking about how bankruptcy works. One type of bankruptcy may be the best fit in one situation, but not the best fit in another […]
KEEP READING . . .Understanding Business Bankruptcy for Small Business Owners and Sole Proprietors
When people start a business, they are usually optimistic about growing the business to become profitable and successful. Unfortunately, sometimes it doesn’t work out as planned. If your business is facing financial difficulties, it’s important to consider the potential benefits of exploring business bankruptcy options tailored for sole proprietors and small business owners. In this article, we’ll […]
KEEP READING . . .Si me declaro en bancarrota, pierda mi carro?
En esta ocasión, nos enfocaremos en responder a una de las preguntas más comunes que recibimos: ¿Qué pasa con mi carro si me declaro en bancarrota? Sabemos que un declaracion de quiebra puede ser un proceso abrumador y confuso, y estamos aquí para ayudar a aclarar cualquier duda que puedan tener al respecto. Así que […]
KEEP READING . . .The Most Essential Chapter 7 Bankruptcy Forms You Need to Complete
Chapter 7 bankruptcy, also known as liquidation bankruptcy, is a legal process that allows individuals to obtain a discharge of many types of debt, including unsecured debts such as credit card bills and medical expenses, as well as secured debts such as mortgages or auto loans. In the preamble for the Bankruptcy Code, it mentions […]
KEEP READING . . .Bankruptcy How Often Can You File: Understanding Eligibility, and Impact on Your Financial Fresh Start
The bankruptcy process allows individuals or businesses to eliminate some or all of their debts under the power of the bankruptcy discharge. A bankruptcy filing will have a significant impact on your credit score and financial future, and as a result, it is important to understand how often you can file bankruptcy and the impact […]
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